The Senate has fixed September for the public hearing to resolve the ongoing rift between Dangote Group and Nigerian Midstream and Downstream Petroleum Regulatory Authority, Nigerian National Petroleum Company Limited and other regulators.
It would be recalled that the Senate President, Godswill Akpabio recently inaugurated the Committee to address all issues relating to disputes between Dangote Group and Nigerian oil and gas sector regulators.

The Chairman of the Senate 15-member Adhoc committee, Bamidele Opeyemi made the disclosure on Thursday, July,25, 2024.

The red chamber vowed to name and expose alleged saboteurs in the sector, which it notes is the lifeblood of Nigeria’s economy, upon conclusion of its probe.

He said:

“The ongoing accusations and counter accusations between Dangote and regulators are among the issues that we have been mandated to look into.”

The Chairman said the ad-hoc committee has written to all the relevant stakeholders in the sector for submission of relevant documents before the public hearing fixed for September 10 to September 12, 2024.

His words:

“We will conduct a thorough review of current regulatory frameworks and procedures to identify deficiencies and recommend necessary reforms to prevent such occurrences in the future.

“The Committee is committed to ensuring the highest standards of fuel quality for the Nigerian market.”

Post Category: News





   

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